National Microfinance Strategies
An increasing number of countries are developing national microfinance strategies, bringing the topic to the forefront of national development priorities. Over 30 countries, most in Africa, now have such strategies. This trend appears to be fueled...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/06/9792123/national-microfinance-strategies http://hdl.handle.net/10986/9515 |
| Summary: | An increasing number of countries are
developing national microfinance strategies, bringing the
topic to the forefront of national development priorities.
Over 30 countries, most in Africa, now have such strategies.
This trend appears to be fueled by microfinance's
heightened visibility and new development modalities that
favor sector-wide approaches and policy work. Developing a
national microfinance strategy usually involves four stages:
(i) conducting a diagnostic/gap analysis of the microfinance
sector; (ii) consulting with stakeholders (more or less
extensively); (iii) drafting a document, usually by a
consultant in cooperation with government; and (iv) adopting
and implementing the strategy, including approval by a
governmental body and, in some cases, defining action steps
to put the strategy into practice. |
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